California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1301
KB Home
KBH
$4.48B
| $5.15M | 0.01% |
215,191
-47,614
| -18% | -$1.14M |
|
1302
Cooper-Standard Automotive
CPS
$667M
| $5.14M | 0.01% |
42,828
+610
| +1% | +$73.2K |
|
1303
Mueller Industries
MLI
$11B
| $5.13M | 0.01% |
354,156
-10,152
| -3% | -$147K |
|
1304
Nabors Industries
NBR
$617M
| $5.13M | 0.01% |
16,639
+498
| +3% | +$153K |
|
1305
Lumentum
LITE
$11.4B
| $5.11M | 0.01% |
85,200
-6,200
| -7% | -$372K |
|
1306
Globus Medical
GMED
$7.93B
| $5.1M | 0.01% |
89,903
+15,452
| +21% | +$877K |
|
1307
Element Solutions
ESI
$6.36B
| $5.1M | 0.01% |
409,151
-16,596
| -4% | -$207K |
|
|
INXN
1308
DELISTED
Interxion Holding N.V.
INXN
| $5.1M | 0.01% |
75,788
+5,719
| +8% | +$385K |
|
1309
Range Resources
RRC
$8.41B
| $5.1M | 0.01% |
300,092
-22,681
| -7% | -$385K |
|
1310
Columbia Banking Systems
COLB
$7.8B
| $5.08M | 0.01% |
130,975
-19,630
| -13% | -$761K |
|
1311
Provident Financial Services
PFS
$2.59B
| $5.07M | 0.01% |
206,332
-7,703
| -4% | -$189K |
|
1312
Abercrombie & Fitch
ANF
$4.12B
| $5.05M | 0.01% |
239,108
-21,509
| -8% | -$454K |
|
1313
iQIYI
IQ
$2.51B
| $5.05M | 0.01% |
+186,422
| New | +$5.05M |
|
1314
HNI Corp
HNI
$2.07B
| $5.05M | 0.01% |
114,044
+5,459
| +5% | +$241K |
|
1315
Huazhu Hotels Group
HTHT
$11.4B
| $5.03M | 0.01% |
155,852
+1,228
| +0.8% | +$39.7K |
|
|
VG
1316
DELISTED
Vonage Holdings Corporation
VG
| $5.01M | 0.01% |
354,042
+64,833
| +22% | +$918K |
|
1317
Crocs
CROX
$4.23B
| $5M | 0.01% |
234,947
+8,028
| +4% | +$171K |
|
1318
NorthWestern Energy
NWE
$3.51B
| $5M | 0.01% |
85,167
-7,540
| -8% | -$442K |
|
1319
Advanced Drainage Systems
WMS
$11B
| $4.99M | 0.01% |
161,499
-11,702
| -7% | -$362K |
|
|
SJI
1320
DELISTED
South Jersey Industries, Inc.
SJI
| $4.98M | 0.01% |
141,063
+23,956
| +20% | +$845K |
|
1321
Fabrinet
FN
$12.8B
| $4.97M | 0.01% |
107,369
-8,140
| -7% | -$377K |
|
1322
Scholastic
SCHL
$691M
| $4.96M | 0.01% |
106,128
-4,187
| -4% | -$195K |
|
|
OAK
1323
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $4.95M | 0.01% |
119,633
+37,948
| +46% | +$1.57M |
|
|
PNK
1324
DELISTED
Pinnacle Entertainment Inc.
PNK
| $4.95M | 0.01% |
146,922
+8,509
| +6% | +$287K |
|
1325
Emergent Biosolutions
EBS
$434M
| $4.95M | 0.01% |
75,176
+3,226
| +4% | +$212K |
|